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the nation as the jackpot hits $550 million. nbc's jay gray is in dallas where the tickets are being at a fast and furious pace. jay? >> reporter: yeah, we're at fuel city where they sell a ton of gas. they have great tacos here. they sell a lot of other things too. as you can see the big ticket item today obviously has been those tickets. first you have the group that came in before work this morning, then the lunchtime crowd came in, now we're getting a bit of lull before the end of work group makes their way through to buy tickets. and we expect this place to be jam packed like it has been throughout the day today. they are selling at a fast pace, not only here in dallas, but across the country, a lot of work going on, and right now the "associated press" just reporting the rate of sales is 130,000 tickets every minute right now. they've already sold more than $1 billion worth of tickets. you know, that $1 out of every $2 that is spent on a ticket goes to the state selling that ticket. a lot of states obviously use that to fund programs including education here in texas and some o
outside of new york city, going to dallas or houston or atlanta and has -- >> stamford god to bid. >> connecticut is just as big of a mess. but do they go out of town because the if silt f facilitie better? >> i don't think so. this is very rare. a natural disaster can hit you anywhere. so, no, you want to keep new york city vibrant, then you worry about taxes. that's the ongoing thing that businesses have to pay and the reason they start look outside of new york city is when they can get better deals outside of new york city where the tax level is much less. >> amen. >> that's the thing i would look at. you keep taxes low in new york city -- downtown manhattan has doubled in size since september 11th. i don't see that changing. >> great stuff. many, many thanks to america's mayor, rudy giuliani. we appreciate it. >>> coming up, homeowners will not have to pay hurricane ded t deductibles for damage caused by the storm. what do you think, larry? >> i hate to say this, but there is no such thing as a free lunch. here we go again. why can't markets be allowed to work? >> because pol
tomorrow is the consumer numbers. we saw foreshadowing from dallas today. i expect it to be negative. i think volatility will continue to rule the day tomorrow. any news that comes out on the fiscal cliff talks i think if anything is in the headlines it will be negative for the markets. i think volatility will continue to be the call. >> you are up, 30 seconds. i think tomorrow will be focused on the fiscal cliff, specifically as it pertains to rising tax rates. any visibility that we can get on policy or clarity on a solution or compromise will move the markets. so focused on limited partnerships. they will be less affected from an increase in tax rates. from an income perspective we have been looking closely at the fund that yields over 9%. the return of capital characteristics are less effected by rising tax rates. >> peter, i know you watch everything but pick one. what is important for you tomorrow? >> i am going to look at greece to see if they come to an agreement on a short-term fix. it was supposed to be agreement today but seems the imf is holding out for debt reduction from g
-old building in downtown dallas was imploded yesterday. no, it's not jerry jones' reaction to the cowboys' play against the browns yesterday. they did win. demolition experts attached 300 pounds of dynamite in strategic places and there it went. built in the 1920s, that building, by a cotton tycoon. >>> we talk a lot about how the fiscal cliff will hurt the u.s. but that obscures the pain that will be felt at the state and local levels. our senior economics reporter steve leisman has been doing the math about who falls the hardest if we do go over the cliff. steve? >> if you think about it, it is designed so that there is a lot of pain. the idea of the fiscal cliff, the sequestration, automatic cuts to bring people to the table. we've done, with the help of technology, using diver technology, we dove in to take a look at where federal spending is highest. it is color coated by per capita spending by county here. what you see -- take a look. where it's red it's the highest from 20 all the way up to 175,000. there's actually one county in north carolina where i think hatteras island is where ther
Search Results 0 to 3 of about 4

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